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Jan 19, 2013
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subject to payroll taxes, they said it would hurt the economy. that would be far more damaging, they said to economic growth than what we're asking people to consider. if you raise the taxes, you will have an immediate effect on employment and economic activity. so if you're a ceo who makes maybe only a million, you're taxed on the first tenth of your income. if you're making $60,000 a year, every one of your $60,000 is taxed for social security. and this is the kind of thing, it just drives me crazy. you know what the flip side of these guys loving their jobs, never ever wanting to leave not even when they're old and they have lots of grand kids, they're not stopping the ceos of cesars because they're paying payroll taxes on more of their income. they love their job, folks at the top that convince themselves that things wouldn't hurt at all like raising the retirement age, are easy no-brainers, that are just common sense. they convinced themselves of things that will hurt them and devastating the economy. when they say no to higher taxes, they a
subject to payroll taxes, they said it would hurt the economy. that would be far more damaging, they said to economic growth than what we're asking people to consider. if you raise the taxes, you will have an immediate effect on employment and economic activity. so if you're a ceo who makes maybe only a million, you're taxed on the first tenth of your income. if you're making $60,000 a year, every one of your $60,000 is taxed for social security. and this is the kind of thing, it just drives me...
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Jan 17, 2013
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. >> senator marco rubio's instant opposition is not about raising taxes on the wealthy, like last
. >> senator marco rubio's instant opposition is not about raising taxes on the wealthy, like last
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Jan 16, 2013
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bill install and he works his magic and the phones and gets his way on that and gets his way on the tax bill that kennedy couldn't get through. my question is when you look at the great skills and the talents that lbj had dealing with the senate and congress, do they really apply in the era of hyper polarization that we live in? the republican leader. does mitch mcconnell respond with the same? >> i think you have to remember that there was terrific polarization in the 1960s. the democratic party was in control of tourn democrats who were against the kifl rights bills and controlled the mitties. the house were mostly in control of people against the bills. they were also against most of the great society programs. he had to find republicans that would support him. what the hell is say presidency for is a quote of johnson when early 64 before his first state of the union after kennedy died, his entire staff said don't go for the civil rights bill. it's a presidential election year and hang on to the presidency and we will do it after that. he said what the hell is say presidency for? we
bill install and he works his magic and the phones and gets his way on that and gets his way on the tax bill that kennedy couldn't get through. my question is when you look at the great skills and the talents that lbj had dealing with the senate and congress, do they really apply in the era of hyper polarization that we live in? the republican leader. does mitch mcconnell respond with the same? >> i think you have to remember that there was terrific polarization in the 1960s. the...
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Jan 14, 2013
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reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or her health care or for a scientist to shut down ground breaking research so that a multimillionaire can pay less taxes than a secretary. they don't think it's smart to close endless loopholes for wealthy americans rather than invest in our roads and to help manufacturers bring jobs back to america. they want us to bring our books in order no a balanced way where everybody pulls their weight and everybody does their part. that's what i want as well. that pie that's what i've proposed. and we can get it done, but we're going to have to make sure that people are looking at
reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or...
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Jan 14, 2013
01/13
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monthly deaths of the consumer, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for the financial industry when it comes to the home market. people worked all their lives to provide a home and held for ways to get it paid off before they retire. this is the one area that the government needs to regulate and regulate closely and i am glad we're finally doing that. now, of course, we have drawn a line in the sand that we can hopefully reclaim. can we hope that it will ever change back to what we thought we had been through? guest: an excellent question. another one to add to that is -- will the regulators have the appetite to regulate this closely? making sure that banks are abi
monthly deaths of the consumer, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for...
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Jan 16, 2013
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cuts for those who don't need tax cuts pre-2008. it is another thing when you're trying to climb out of a recession. >> that's exactly right. there is a lot of misunderstanding about the debt ceiling. most americans think the debt ceiling is congress giving itself permission to spend more money. when they understand it is about do we default on our bills they say what? you're not going to pay your bills? that's what the debt ceiling is about. one of the things i advocated was the restoration of the gephardt rule that said when congress voted for a budget, let's say it voted for the iraq war that cost a trillion dollars, then at the moment that they voted for that program the debt ceiling would be adjusted up or down to reflect the budget they just voted for. that's what most americans would do. so this debt ceiling is all about hypocrisy. it is all about pretending that we have an option about paying our bills. by the way, a lot of the bills we have to pay are things i was adamantly opposed to. i didn't want to go to war in iraq. i
cuts for those who don't need tax cuts pre-2008. it is another thing when you're trying to climb out of a recession. >> that's exactly right. there is a lot of misunderstanding about the debt ceiling. most americans think the debt ceiling is congress giving itself permission to spend more money. when they understand it is about do we default on our bills they say what? you're not going to pay your bills? that's what the debt ceiling is about. one of the things i advocated was the...
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Jan 14, 2013
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the reality is, an agreement that has taxes in, spending cuts, but also the debt ceiling would not be a negotiation. >> and jennifer, what's interesting, i keep hearing from republican leadership. they would love to actually, they don't want, the debt limit is not where they want to have this focus. they want it on the government shutdown, the continuing resolution, but they don't know how to get their members to see it the way they see it. >> that's right. a long time ago in the ages of 2011, they thought that using the debt ceiling was a great idea and got them great leverage. they have climbed up the mountain and rig down the mountain so many times with this president. >> climbed down the mountain. i think it was a -- >> good point. talk about a cliff. but, you're right. they don't really want to play that game. they don't want to be accused of not paying the country's bill, but how do thaw use that leverage in order to finally get to cuts, which the president said will be coming, but never seems to come in their lives. >> back to the white house here, boy, the markets would love t
the reality is, an agreement that has taxes in, spending cuts, but also the debt ceiling would not be a negotiation. >> and jennifer, what's interesting, i keep hearing from republican leadership. they would love to actually, they don't want, the debt limit is not where they want to have this focus. they want it on the government shutdown, the continuing resolution, but they don't know how to get their members to see it the way they see it. >> that's right. a long time ago in the...
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Jan 18, 2013
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and you were targeted because you voted for a tax increase. but at the time you said, "there are times in all our careers when we must ask ourselves why we're here." marjorie, great to have you with us tonight on "the ed show." >> nice to be here. >> you are an example of courage, and the president has said this is going to take courage. can you apply what you went through to today's gun debate? what do you think? >> oh, well, i was also targeted. i mean, they just loaded both of the barrels and came after me also. i was just talking tonight with somebody who worked for me in my congressional office, arlene halpernin. she said the phones never stopped ringing. and that's one of the problems. but as a member of congress you have to understand that people do not call in when they're satisfied. so nine out of ten calls said vote against this. and at that time it was in '93 and we were talking about an omnibus spending bill. it was a deficit reduction bill but of course it was called the tax increase. and there were things in the bill that i liked
and you were targeted because you voted for a tax increase. but at the time you said, "there are times in all our careers when we must ask ourselves why we're here." marjorie, great to have you with us tonight on "the ed show." >> nice to be here. >> you are an example of courage, and the president has said this is going to take courage. can you apply what you went through to today's gun debate? what do you think? >> oh, well, i was also targeted. i mean,...
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Jan 16, 2013
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matt had a payroll processing company to handle things so that taxes were withheld, everything was on the up and up. he submitted a business permit to the city of sacramento. that's the sort of people that the obama justice department said they are not going to go after. >> cenk: molly, how many kids do you have? >> two. >> cenk: hold are they? >> an 18-month-old daughter and 3-year-old daughter. >> cenk: what you are going to do if matt goes to jail for seven years. >> that's not going to be easy. >> cenk: how are you going to make a living? how are you going to support the kids? >> that's a good question. i don't know the answer to that now. >> cenk: can you believe your government is doing this to you even though what you guys are doing are perfectly legal in your own state. >> well, it's shocking. you know, from the beginning from the beginning, when, you know, there was first a search warrant served, you know, on a warehouse, when a search warrant was served on our home, it was shocking all the way through but each time i thought that's ok, they're do an investigation and see tha
matt had a payroll processing company to handle things so that taxes were withheld, everything was on the up and up. he submitted a business permit to the city of sacramento. that's the sort of people that the obama justice department said they are not going to go after. >> cenk: molly, how many kids do you have? >> two. >> cenk: hold are they? >> an 18-month-old daughter and 3-year-old daughter. >> cenk: what you are going to do if matt goes to jail for seven...
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Jan 16, 2013
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>>brian: while you're paying property taxes? >> correct. houseboats are vessels and don't pay property taxes. >>brian: why was it so important for you? someone wrecks your home but you know the type of financial investment and time investment this will be, why was it important for you to fight all the way up to the top? >> for the principle and to help, there's another 7,000 or 8,000 floating homes around the country. i wanted to make sure they did not go through the horse show i did. >>brian: are you going to get all the money back that you invested in? right now the court awarded you what? >> they reversed and now we'll go back to the district court judge and we'll see what happens down there. hopefully i'll get compensated for my home, furniture and my legal expenses. >>brian: you've got to go back to the same judge that ruled against you? >> that is correct. >>brian: what's the message from this fight that people should take away? >> the message is just don't quit. if you think you're -- if you think you're right, keep on fighting it ou
>>brian: while you're paying property taxes? >> correct. houseboats are vessels and don't pay property taxes. >>brian: why was it so important for you? someone wrecks your home but you know the type of financial investment and time investment this will be, why was it important for you to fight all the way up to the top? >> for the principle and to help, there's another 7,000 or 8,000 floating homes around the country. i wanted to make sure they did not go through the...
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. >> dana: can you write it off your taxes? >> kimberly: if you claim them as a depep dent. dent -- dependent. >> eric: i looked a at this and checked it out. >> kimberly: for research. >> eric: guy gives money toward the tuition. what does the girl do? >> dana: that was the seriously missing from the article. >> bob: what does the girl do? >> eric: i know what the girl does on the street but what does she do on the website? >> bob: keep it classy. probably sweeps the rooms out and does the dishes. >> eric: leave it there. directly ahead, glamour, glitz, controversy in tinsel township. yotown. stars gathered for the golden globes. we have our best moments. >> dana: next on "the five." ♪ ♪ back to new york and my colleagues with "the five." >> i really haven't been followen the controversy over "zero dark thirty" but when it comes to torture i trust a man who spent three years married to james cameron. >> kimberly: all right. well that was co-host amy having fun at james cameron's expense last night. "argo" and "girls" and "homeland" were the big winner bus the three-hour
. >> dana: can you write it off your taxes? >> kimberly: if you claim them as a depep dent. dent -- dependent. >> eric: i looked a at this and checked it out. >> kimberly: for research. >> eric: guy gives money toward the tuition. what does the girl do? >> dana: that was the seriously missing from the article. >> bob: what does the girl do? >> eric: i know what the girl does on the street but what does she do on the website? >> bob: keep it...
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perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea tantaros. it's 5:00 in new york city. this is "the five." ♪ ♪ >> dana: earlier today, president obama held the final press conference of his first term in the east room of the white house. the main attraction, our old friend the debt ceiling. they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires disci
perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea...
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Jan 16, 2013
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we picked up $204 million rather than put taxes whose impact fee into the community. it has allowed the industry itself to hire people. there are related companiy ies t hire people. and you know the phrase the necessity is the mother of invention. a lot of inventions are being developed but the energy itself allows businesses across the state to grow. a lot of companies in south eastern pennsylvania and philadelphia are going to be using it to power the refineries, it is looking and hopefully will build a facility that will take the ethonol and take ethanes they are paying around $80,000. the average workforce is $47,000. >> why is the governor still waiting? >> i know what is going on. i know there are a number of people that used to be opposed to it. a lot of them have changed here. but there are a certain group that are opposed to it. but i remind many people we follow it closely and it is a technology that has been used in texas and we feel comfortable that it is flowing the economy here in pennsylvania and it is going to make us and the united states in the long-
we picked up $204 million rather than put taxes whose impact fee into the community. it has allowed the industry itself to hire people. there are related companiy ies t hire people. and you know the phrase the necessity is the mother of invention. a lot of inventions are being developed but the energy itself allows businesses across the state to grow. a lot of companies in south eastern pennsylvania and philadelphia are going to be using it to power the refineries, it is looking and hopefully...
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Jan 20, 2013
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there's thought the $8 billion fees the banks are paying could be deductible against their federal taxes as were the dollars bp paid for the clean up. it's something congress needs to stop if it comes to that. at the same time, the largest six banks and the power they have, we need to break up the banks. >> i agree. congresswoman? >> you should know in 2005, i pulled together several members in congress to form a caucus. we realize the economic policies and foreign policies of the bush administration would lead to a spike in poverty. unfortunately, now 50 million people are living in poverty. 16 million are children. we passed a bipartisan resolution to cut it in half now we need a national strike that di- and plan to end poverty. it's a shame and disgrace 50 people in america are living in poverty. >> real fast, when the roe v. wade decision came down, the lead sentence of the story was finally settling a long contentious policy debate in america. not so much. >> nut sg settled in politics. i want to thank my guests today. bill burton, sherrod brown. thank you all. our thanks to everyon
there's thought the $8 billion fees the banks are paying could be deductible against their federal taxes as were the dollars bp paid for the clean up. it's something congress needs to stop if it comes to that. at the same time, the largest six banks and the power they have, we need to break up the banks. >> i agree. congresswoman? >> you should know in 2005, i pulled together several members in congress to form a caucus. we realize the economic policies and foreign policies of the...
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Jan 20, 2013
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by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again meet our legal obligations to pass the budget on time. our budget will moderate spending, pay our bills, and keep the government running. it will be planned to slowly but surely, what our nation out of debt, deficit, and declined garrett on your behalf, we will insist the democrats who run the rest of washington to the same. this debate is often argued in numbers and figures but it is really about and families like yours that bear the burden of a slow economy. constant uncertainty and. ever-changing government rules chase our jobs and opportunities overseas. when day to day life costs more and jobs pay less, we do not solve the problem by
by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again meet our legal obligations to pass the budget on time. our budget will moderate spending, pay our bills, and keep the...
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Jan 21, 2013
01/13
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he now has to pay a higher federal income tax rate, a higher medicare tax, and more tax on profits, dividend and interest, plus the new and much higher california income tax. he's losing, he says, 63 cents on the dollar. and he says there will be drastic changes, maybe leaving the state. but wait, phil, you ain't seen nothing yet. the obama team wants to tax the rich some more. the democrats must get a budget through the senate soon, and leading democrats want it to include yet higher taxes on wealthy people, oil and gas companies, and corporate profits. you thought we were done with raising taxes? wrong. tax more. don't cut spending. and ignore the debt. that's what's coming for another four years. stuart: monday january 21st, mar thin luther king -- martin luther king day. we're talking taxes, hollywood hypocrisy and we have the guest you hate to love all coming up. along with this company, e -- elizabeth macdonald by popular demand is back and so is charles and payne. here we are with varney & company. here's a direct quote from professional golfer phil mickelson, if you add up all the fe
he now has to pay a higher federal income tax rate, a higher medicare tax, and more tax on profits, dividend and interest, plus the new and much higher california income tax. he's losing, he says, 63 cents on the dollar. and he says there will be drastic changes, maybe leaving the state. but wait, phil, you ain't seen nothing yet. the obama team wants to tax the rich some more. the democrats must get a budget through the senate soon, and leading democrats want it to include yet higher taxes on...
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Jan 19, 2013
01/13
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with h&r block's messed-up tax second look,there. hrimp lover, people bring in old tax returns, and i'm like, "who did this to you?" don't worry, i'll fix it. i'll go back three years... and get you every single deduction out there. i feel more inspired. more positive. [ male announcer ] only lipton adds fresh-pressed tea leaves to its new great tasting blend. drink new lipton and you'll be surprised how great you feel. ♪ [ all kids ] twooooo! [ moderator ] you sure? i am absolutely positive! [ little boy ] two times is awesome. the thing i can do is wave my head and wave my... that's amazing. i've never seen anything like that. look i can do -- hold on -- i'm watching this. i'm getting dizzy... [ male announcer ] it's not complicated. doing two things at once is better. and only at&t's network lets you talk and surf on your iphone 5. ♪ >> jimmy: president obama is about to propose legislation that would limit access to assault weapons and require background checks on people who buy guns, and, of course, getting a lot of oppositi
with h&r block's messed-up tax second look,there. hrimp lover, people bring in old tax returns, and i'm like, "who did this to you?" don't worry, i'll fix it. i'll go back three years... and get you every single deduction out there. i feel more inspired. more positive. [ male announcer ] only lipton adds fresh-pressed tea leaves to its new great tasting blend. drink new lipton and you'll be surprised how great you feel. ♪ [ all kids ] twooooo! [ moderator ] you sure? i am...
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it depends which part is borrowed and which is paid for through taxes. they're making a philosophical point. i don't doubt the sincerity. he cares about deficits. but at a time like this, it's a delay. and i don't know how he can square his sympathy for victims because he was a victim, too, at one point with this political point he wants to make about budget. yes. there is discussion to be had about budgets and deficits. but right now this has a real impact, these delays. so making the point about deficits is stopping people from getting the help they need. and if he wants to have that debate, have it in the bigger context. this $60 billion, it's a drop in the ocean of bigger debt problems and they are long-term debt problems. they need to talk about them, but this isn't the point or time to do it. there's a time and place. this isn't it. >> and my point is -- i don't want to just beat up on congressman mulvaney. 137 voted for this. >> at least he had the guts to defend himself. >> people in this country that we have gotten to the point in politics where
it depends which part is borrowed and which is paid for through taxes. they're making a philosophical point. i don't doubt the sincerity. he cares about deficits. but at a time like this, it's a delay. and i don't know how he can square his sympathy for victims because he was a victim, too, at one point with this political point he wants to make about budget. yes. there is discussion to be had about budgets and deficits. but right now this has a real impact, these delays. so making the point...
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Jan 18, 2013
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. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped those two and others from illegally claiming 2.5 billi 2.5 billion in last refunds last year. they are stepping up enforcement but says more needs to be done. $35 million slipped through the cracks and so the irs says it's very successful at detecting and stopping in incorrect refunds when prisoner data is available it adds there are significant challenges getting complete and consistent data from the multiple jurisdictions involved. still the agency says if committed to enhancing the process is to further minimize prisoner refund fraud. >> it is now 44 after the top o
. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped...
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income tax, there is none in texas. 9% in california. no corporate tax. so there is job creation. so california lost over the past ten-year a couple million people. half a million people moved in to texas. >> gretchen: one of the big arguments has been that california will continue to not be able to pay its bills because people like that who are employable are leaving so they're losing their tax base. >> they pay their politicians so much, some towns have gone bankrupt. san bernardino. we sent kennedy, a special correspondent from my show to the mayor's office looking for answers. >> i walked down an empty hallway looking for the mayor, looking for anyone. i felt like i was in a horror movie. it was creepy. i found an empty conference room and decided i would take over as mayor. show of hands? all right. not all at once. busy day. we have a lot of problems. lot of people out of work. lot of businesses with shuttered doors. i don't hear any answers from any of you! >> steve: the lights are on, but nobody is home. >> they were in there. she couldn't find them. san bernardino is the
income tax, there is none in texas. 9% in california. no corporate tax. so there is job creation. so california lost over the past ten-year a couple million people. half a million people moved in to texas. >> gretchen: one of the big arguments has been that california will continue to not be able to pay its bills because people like that who are employable are leaving so they're losing their tax base. >> they pay their politicians so much, some towns have gone bankrupt. san...
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Jan 20, 2013
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and in his second term, reagan gained a major tax reform. on the defense front, republican president reagan again with the help of the rity presided over a major increase in the defense budget, congress presided over a major increase in the defense budget, the defe including straby millions of protesters here and abroad. also commander in chief reagan gained secret aid for freedom fighters in central america, the quote unquote contras. in his second term reagan negotiated a nuclear arms control treaty with our then by senate. enemy the soviet union ratified by a democratic center. in republican reagan could work with democrats controlling both the house and for two years the senate, why can't president obama, a democrat, achieve more with republicans who control the house and his democrats who control the senate? >> there's a lot of myth about tip o'neal and ronald reagan working together. they did not. >> you saw the picture. >> they did not. look, in reagan's first term, you know who he worked with? he had a republican senate by ten votes
and in his second term, reagan gained a major tax reform. on the defense front, republican president reagan again with the help of the rity presided over a major increase in the defense budget, congress presided over a major increase in the defense budget, the defe including straby millions of protesters here and abroad. also commander in chief reagan gained secret aid for freedom fighters in central america, the quote unquote contras. in his second term reagan negotiated a nuclear arms control...
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we have to deal with the jobs and the low-entry wages, and expand the earned tax credit and child tax credit and work incentive will make a difference to many. don't cut early education, but make sure you are breaking through the things that cause dependency, and working hard to say, every child is ready for school and every child has high quality pre-k and kindergarten and if you did that, you could also create new job, but here, we have new race to the top requirement requirements. and poor standards, but we don't have pre-k or kindergarten in 40 states to help children meet those standards. >> i want to underline the parental jobs and wages, but a report says that in no i state can -- no state can an individual working full-time at the minimum wage afford the fair market rent for a two-h bedroom apartment for his or her family. we have created a minimum wage where you cannot have an apartment. >> and you know homelessness is rampant just as hunger is rampant and if it weren't for the safety net, it would be worse. children were the poorest americans before the recession, but since
we have to deal with the jobs and the low-entry wages, and expand the earned tax credit and child tax credit and work incentive will make a difference to many. don't cut early education, but make sure you are breaking through the things that cause dependency, and working hard to say, every child is ready for school and every child has high quality pre-k and kindergarten and if you did that, you could also create new job, but here, we have new race to the top requirement requirements. and poor...
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Jan 19, 2013
01/13
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because with proposition 30's passage, he now has a tax revenue he wanted. of course, the economy has to pick up for that to really take off and give him what he needs. we have the third highest unemployment rate in the country. that's going to be, i think, the key thing to what's happening. you know, california has been through, like, this great downsizing. everything has. and i think this puts brown in a great position right now. he goes to the -- this is what jerry brown's great at. i'm going to get rid of the cell phones for a lot of the state employees. i mean, he understands what people are looking for the government to do. the sort of symbolic gestures. he spends 6 1/2 hours just one day with the regents and he talks about how bloated the university of california administration is. >> this just show, i mean, what a unique political figure jerry brown is. this interview shows it. this guy, he came back after 30 years in office and he is knocking it out of the park right now. >> he seems to get it now. >> absolutely. >> he seems to know how to be govern
because with proposition 30's passage, he now has a tax revenue he wanted. of course, the economy has to pick up for that to really take off and give him what he needs. we have the third highest unemployment rate in the country. that's going to be, i think, the key thing to what's happening. you know, california has been through, like, this great downsizing. everything has. and i think this puts brown in a great position right now. he goes to the -- this is what jerry brown's great at. i'm...
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Jan 14, 2013
01/13
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taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the question today is, that a regresssive tax? >> yes. >> peter: as you economists say? >> yes. >> peter: what does that mean? >> everybody pays it. no relation to how much you earn. it's how much you spend. you pay tax according to what you spend. a sales tax, it tax consumption. so in that sense, yes. it is regresssive. but on the other hand, if the absence of income taxes creates a growing economy, everybody wins from that. >> peter: some states don't have income tax. >> there are seven. i'll read them, alaska, florida, nevada, sout
taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the...
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Jan 17, 2013
01/13
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government could continue paying off its debts for some months into the foreseeable future based upon tax receipts alone. at least a majority of our debt. but the divisiveness of the two parties at this point in time is setting very bad signals to the credit rating agencies. one of whom has indicated that the united states is right for another credit downgrade based upon the infighting we are seeing on capitol hill alone. bill? >> bill: doug mckelway on capitol hill tonight for us with that fox report. some republicans say the administration is not doing enough to investigate the deadly attacks in benghazi, libya. those attacks killed four americans including our ambassador, the head of the house intelligence committee congressman mike rogers. he says the administration was not giving the fbi the resources it needs. he also says other countries are not cooperating with american investigators. the president has vowed to bring justice to those responsible for the attack. catherine herridge with the news tonight live in washington with more now. catherine? >> well, thank you, bill, good even
government could continue paying off its debts for some months into the foreseeable future based upon tax receipts alone. at least a majority of our debt. but the divisiveness of the two parties at this point in time is setting very bad signals to the credit rating agencies. one of whom has indicated that the united states is right for another credit downgrade based upon the infighting we are seeing on capitol hill alone. bill? >> bill: doug mckelway on capitol hill tonight for us with...
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Jan 19, 2013
01/13
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we got no tax cuts. we're kicking the can down the road, and unless these people really start to get serious about this, we are going to be talking about this for the whole next four years and the country is only going to get worse and basically that's it. both parties have either got to come to the table and they have got to make meaningful cuts and get meaningful revenue to get out of this problem. thank you. host: and that will be it as far as calls for this segment. let me tell you what's coming up in the program. you have been watching the white house. this week president obama as part of his proposal on gun violence had a study on violent video games and cheryl olson the author of "grand theft childhood." later john lott will join us. he is the author of "more guns, less crime." he will be on to talk about the president's proposal to reduce gun violence. all throughout the district of columbia we have our c-span photographers out there taking in photos and event it's leading up to the inauguration.
we got no tax cuts. we're kicking the can down the road, and unless these people really start to get serious about this, we are going to be talking about this for the whole next four years and the country is only going to get worse and basically that's it. both parties have either got to come to the table and they have got to make meaningful cuts and get meaningful revenue to get out of this problem. thank you. host: and that will be it as far as calls for this segment. let me tell you what's...
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Jan 19, 2013
01/13
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he died from cyanide poisoning after picking up his lotto winnings at nearly half a million after taxes. >> and the cdc says 48 states now reporting widespread flu cases. more elderly now hospitalized. 29 children have died in the outbreak. >> then there's this, lady gaga about to lose her title as the most popular celebrity in twitter. justin bieber expected to pass her and have the most twitter followers. they each have over 33 million with just 46,000 separating them right now. first the mayan calendar, now this. hard to believe. >> passing of the torch. tonight, the bizarre story of manti te'o's fake girlfriend is only getting stranger. we have more details. the notre dame linebacker isn't talking. others are reportedly pointing fingers at this guy. we'll tell you who he is and what allegations he's facing just ahead. investors want. tdd#: 1-800-345-2550 like no atm fees, worldwide. tdd#: 1-800-345-2550 and no nuisance fees. tdd#: 1-800-345-2550 plus deposit checks with mobile deposit. tdd#: 1-800-345-2550 and manage your cash and investments tdd#: 1-800-345-2550 with schwab's mobil
he died from cyanide poisoning after picking up his lotto winnings at nearly half a million after taxes. >> and the cdc says 48 states now reporting widespread flu cases. more elderly now hospitalized. 29 children have died in the outbreak. >> then there's this, lady gaga about to lose her title as the most popular celebrity in twitter. justin bieber expected to pass her and have the most twitter followers. they each have over 33 million with just 46,000 separating them right now....
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Jan 15, 2013
01/13
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i will cut taxes, cut taxes, for 95% of all working families because in an economy like this, the last thing we should do is raise taxes. >> those tax breaks were made permanent and this new year's day fiscal cliff deal. the president also secured an extension of small business traction credits. fulfilling a prom fris the same speech. economy has posted job increases every month since late 2010. although this recovery is still very slow. president's promise to bring a responsible end to the war in iraq was the centerpiece of the 2008 campaign and the issue he used to draw clear distinctions with john mccain as president he kept that promise. he pulled the last combat troops out of iraq in december of 2011. he's also made strides towards ending the u.s. role in afghanistan and that's not over yet. indicated that troops may start coming home this spring. then will's health care. promise then senator obama made when he first announced his candidacy nearly six years ago. >> let's be the generation that says right here, right now, we will have universal health care in by the end of the next
i will cut taxes, cut taxes, for 95% of all working families because in an economy like this, the last thing we should do is raise taxes. >> those tax breaks were made permanent and this new year's day fiscal cliff deal. the president also secured an extension of small business traction credits. fulfilling a prom fris the same speech. economy has posted job increases every month since late 2010. although this recovery is still very slow. president's promise to bring a responsible end to...
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Jan 20, 2013
01/13
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i said taxes, that is how much you will be taxed when you earn money. my daughter is watching right now from the makeup room. i let her know that she will get 50 percent of her take home pay goes to the government. that is a good way to show it. >> thank you, brenda. you can catch brenda on bulls & bears every saturday mitt romney right here on the fox news channel. >>gregg: you have to be economical, i told my daughter i would buy the prom dress and we are headed to target. >> there is no skin showing on that dress. greg i say each day, she will support me. >>heather: target has cute clothes. >>gregg: i love target clothes. and it is economical. >> growing controversy over mobile fingerprint scanners used by some police departments that allows cops to scan a fingerprint gaining immediate information about an individual and if they have anything on file but a group is arguing they could college data on -- could collect data on innocent people. dominic? >> here at the police department in mesa they say the scanners are a time and crime-saving tool. you a
i said taxes, that is how much you will be taxed when you earn money. my daughter is watching right now from the makeup room. i let her know that she will get 50 percent of her take home pay goes to the government. that is a good way to show it. >> thank you, brenda. you can catch brenda on bulls & bears every saturday mitt romney right here on the fox news channel. >>gregg: you have to be economical, i told my daughter i would buy the prom dress and we are headed to target....
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Jan 14, 2013
01/13
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the fbi would shut down, prisons won't operate, the court system closes, tax refunds won't go out, the faa would go off line. that's not even talking about what would happen in the financial markets, including the prospect of interest rates rising. do you feel comfortable -- >> but, chris, we've already addressed some of these things about making certain the interest is paid, making certain that we prioritize. you know, budgets are to be about priorities anyway. and i think that there is a way we're going to have to find a way forward, if you will, we're going to have to work through a way forward so that we pay all of our bills, so that we are able to meet what we have to meet as far as our needs go, and that we are reducing what the federal government spends. there's a lot of waste, fraud, and abuse in the federal spending system. everybody knows that. the time has come that everybody engage in this. the agencies, the bureaucracy, they've got to do their part on this. they just can't sit there and say, oh, you're cutting me because you're not giving me the amount of increase that i w
the fbi would shut down, prisons won't operate, the court system closes, tax refunds won't go out, the faa would go off line. that's not even talking about what would happen in the financial markets, including the prospect of interest rates rising. do you feel comfortable -- >> but, chris, we've already addressed some of these things about making certain the interest is paid, making certain that we prioritize. you know, budgets are to be about priorities anyway. and i think that there is...
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Jan 14, 2013
01/13
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he's right on the tax stuff. on the other stuff it'd be pretty hard for him to make an argument that the american he people voted for gun control or unconditional increases in borrowing. >> megyn: back on the issue of gun control to leave it at this, vice-president biden is going to give recommendations we understand tomorrow to the president, as he's been known to do, put his foot in his mouth a bit on friday when he said the following: . >> we know there's, there's no silver bullet and there's no, as one of my friends said, no seat belt to put on to assure you will not be in this circumstance again. i'm going to be submitting to the president i think a proposal as to how to proceed. i'm shooting for tuesday, hope i can get it done by then. >> megyn: and the hits on the tape how it came to us. the vice-president talking the gun proposal, no silver bullet, but shooting for tuesday, the recommendations. thoughts on that, chris? >> we're grateful to vice-president biden, we're grateful to vice-president biden, all
he's right on the tax stuff. on the other stuff it'd be pretty hard for him to make an argument that the american he people voted for gun control or unconditional increases in borrowing. >> megyn: back on the issue of gun control to leave it at this, vice-president biden is going to give recommendations we understand tomorrow to the president, as he's been known to do, put his foot in his mouth a bit on friday when he said the following: . >> we know there's, there's no silver...
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Jan 15, 2013
01/13
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i've also said that we need more revenue through tax reform by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they don't think it's fair, for example, to ask a senior to pay more for his or her health care, or a scientist to shut down lifesaving research so that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it's smart to protect endless corporate loopholes and tax breaks for the wealthiest americans rather than rebuild our roads and our schools, invest in our workers' skills, or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone
i've also said that we need more revenue through tax reform by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision...
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Jan 14, 2013
01/13
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louisiana governor proposing a zero corporate tax rate and personal income tax rate. speaking with the man advising the governor on that plan coming up next. ♪
louisiana governor proposing a zero corporate tax rate and personal income tax rate. speaking with the man advising the governor on that plan coming up next. ♪